Dannielle Hoffman
San Antonio - Are foundation issues that common?
Hi Everybody!I am moving to SA in a few months and as I do more and more research I have noticed that many of the wholesale deals and some of the properties listed on the MLS mention foundation issues. Is this very c...
Mark Hughes
What is your true vacancy rate??
What is your real vacancy rate? Do you go back and actually calculate it each year or just have a number in your head? I typically input 8% in the financial calculators before I purchase a property but some are better...
Paul Z.
Would you rent a house to 2 new university grads?
Hi everyone.I have a townhouse which I prefer to rent to families. However, 2 recent university grads (both female) want to rent it together. Would you rent it to them? Some potential problems in my opinion:- 2 tenant...
Sahleem Lee
Clouded title is preventing me from purchasing!
Hope everyone on here is having a great 2020 so far! This’ll be a lot to take in, but please share your advice.PP- $18,500Repair- $30k (includes all fees and holding cost)ARV- $88kI’ve been plotting to buy this proper...
Maxwell Lee
What are realistically the best rents you can get -
in a stable B class or gentrifying C class neighborhood for purchase and rehab price of around 80-120k? For this question I am limited to considering Houston, Dallas, Chicago, and basically the entire states of FL and...
Mark K.
Is it worth it to pursue an Appraiser Trainee license?
Hello, I am brand new to REI, at this point a little over a month in. I've been researching and networking like crazy in the last month and what I'm beginning to realize is that everything starts and ends with comps/...
Derek Bell
Banks not doing anymore construction loans
I am a developer/builder. I am doing a spec 20k sf warehouse in Nashville. The bank that I have used for many years has stopped doing all construction loans. Told me that their construction bucket is full. Kind of a ...
Dakotah P.
Will getting small auto loan disqualify me for new mortgage soon?
I have a dilemma: I have a 15 year old BMW that now costs more in upcoming maintenance than the car is worth so it's time to get rid of it. I plan on getting a modest, 3+ year old used vehicle from around $12,000 or ...
Jordan Vires
6 units 124k deal analysis
Greetings,
I am looking at deal as follows:
6 plex with total rents of $2300 per month.
4 two bedrooms and two efficiencies.
Owner willing to finance 15%.
The building is currently sep...
Benjamin Smith
Waterfront in Maine direct sale
Hello, I haven’t posted here in a while. I relied heavily on bigger pockets to help guide me through the sale of a 4 plex in pittsburgh that we now own. It’s nice to be back. We are getting ready to purchase our first...